Inflation has become a prominent concern in recent times, as rising costs have impacted various aspects of our daily lives. From grocery bills to housing expenses, consumers have felt the pinch of increasing prices. However, there are signs that the inflation peak may be within reach, offering a glimmer of hope for individuals and businesses […]
As mortgage rates to 20-year highs, home builder sentiment declined for the tenth month in a row. Similarly existing home sales fell for the eighth straight month. Further complicating the real estate market, housing inventory presents an ongoing barrier to prospective home sales activity. Despite the longstanding challenge, new construction remains slow. NAHB Survey Indicates […]
As mortgage rates continued to rise in August 2022, the Jackson Hole Economic Symposium took place. For the unacquainted, the Federal Reserve hosts this annual three-day conference, discussing the country’s economic challenges and overall direction. Unfortunately, this latest event came as the United States real estate market heads for a downturn. In the face of […]
As inflation soars and loan applications plummet, real estate analysts are starting to see evidence of a buyers’ market in 2022. For the past several years, many real estate analysts considered the housing market to be a ‘seller’s market’. In the real estate world, home prices rose, interest rates fell, and demand reached one of […]
Imagine spending hour after hour searching for your dream home and finally finding it. But, as you start to complete all the paperwork and get ready to close an urgent email appears in your inbox. The email appears to be from your agent or attorney or from someone representing the seller urgently requesting for the […]
These are certainly uncertain times for much of the U.S. economy, but one industry that is still open is real estate. Especially given the current interest rate, many lenders are overwhelmed with mortgage applications. Here is what you need to know about your real estate during the COVID-19 pandemic. Mortgage Relief Are you unable to […]
January threw a variety of obstacles at investors around the world. Tensions seemed to flare between the United States and Iran, negotiations on trade continued between the U.S. and China, the coronavirus spread to several countries, and impeachment proceedings continued in the Senate. Despite all of this, the stock market entered February at an all-time […]